735 Rain Dance Way

Cordova, TN 38018
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3 bd, 2 ba | 1,478 sqft | Built in 1997

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List Price
$130,000

Initial Investment

$34,063

Purchase Price

$125,000

Down Payment

25%

Rent

$1,125

Total Return

$76,702

Annualized Return

27.0%

Cap Rate

6.2%

Gross Yield

10.8%

Cash Flow

$362

Appreciation

10.0%
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Features

Occupancy

Occupied

Lease Start

03/01/2016

Lease End

01/31/2018

Property Type

Condo

Lot Size

4,999

HOA

$0/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$12,825

Expenses

-$3,268

Property Taxes

-$2,399

Loan Payments

-$6,796

Net Cash Flow

$362

See more in Financials

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